1115 2nd St SEValley CityND58072
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Valley City at 1115 2nd St SE, Valley City, ND, 58072 offers a 9.66% rental yield on a $129,000 purchase with $1,038/mo rent. Total monthly income registers $1,038/mo, and a $631/mo payment leaves $253/mo available for distribution. Annual cash flow reaches $3,039/yr on $42,764 to close, and return on cash invested stands at 27.02% in year one. Equity gained on principal adds $832/yr while 5% annual appreciation supports $35,640 over five years. Portfolio math shows five-year ROI at 140.9% and total cumulative return in cash at $60,253. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,038/mo property income against a $631/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1930
7,405 sqft lot
$N/A/sqft
No HOA
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Listed by: James Jensen • RE/MAX Now - VC
Mls Name: Great North MLS
Mls ID: #4019257
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.